Visa Bullish Moving Average Crossover Alert (V)
Visa (NYSE:V) crossed over its 10-day moving average of $80.66 on a volume of 958K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Visa share prices have moved between a 52-week high of $81.76 and a 52-week low of $60.00 and are now trading 35% above that low price at $80.80 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.2%.
SmarTrend is tracking the current trend status for Visa and will alert subscribers who have V in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Visa